United States Baby Infant Formula Market Report and Forecast 2023-2028

United States Baby Infant Formula Market Report and Forecast 2023-2028

Market Outlook

According to the report by Expert Market Research (EMR), the United States baby infant formula market is projected to grow at a CAGR of 5.56% between 2023 and 2028. Aided by the increasing consumer preference for high-quality nutrition for infants and the expanding application of infant formula in childcare, the market is expected to grow significantly by 2028.

Baby infant formula is a manufactured food designed to feed infants under 12 months of age. It is typically prepared for bottle-feeding or cup feeding from powder or liquid. Infant formula plays a crucial role in providing various necessary nutrients including vitamins, minerals, and fatty acids for the overall growth and development of the baby.

The rising consumer preference for nutrition-rich food products for infants is a significant driver of the United States baby infant formula market growth. As awareness of the health benefits associated with specific nutritional consumption grows, there has been a notable shift towards high-quality infant formulas. The surging trend of organic and non-GMO products has also substantially contributed to the popularity of baby infant formula, as consumers increasingly seek safer, healthier options for their children.

The broadening applications of baby infant formula in childcare also significantly contribute to the United States baby infant formula market expansion. Baby infant formula is increasingly used as a reliable alternative to breast milk for working mothers or those who may have difficulty in breastfeeding. The convenience offered by ready-to-use baby infant formulas makes them an essential product for busy households, further propelling the United States baby infant formula market.

Furthermore, innovations and advancements in baby infant formula compositions, aiming to closely mimic the nutritional profile of breast milk, have helped drive market growth. Enhanced formulations now offer a blend of nutrients, including DHA (Docosahexaenoic acid) for brain development, lutein for eye health, and prebiotics for a healthy gut. This continual product innovation attracts health-conscious consumers and bolsters the United States baby infant formula market demand.

Finally, the rising demand for specialty formulas catered towards infants with specific dietary needs or allergies has led to a heightened focus on baby infant formula as a crucial child nutrition product. With an increase in reported cases of lactose intolerance and cow's milk protein allergy among infants, specialised hypoallergenic, lactose-free, and soy-based formulas have emerged, further boosting the United States baby infant formula market growth.

Market Segmentation

The market can be divided based on product, source, nutrient, distribution channel, and region.

Market Breakup by Product

• Infant Milk
• Follow-On Milk
• Speciality Baby Milk
• Growing-Up Milk
• Others

Market Breakup by Source

• Regular
• Organic
• Milk with HMO
• Goat Milk
• Plant-Based Formula
• Others

Market Breakup by Nutrient

• Carbohydrate
• Fat
• Protein
• Minerals
• Vitamins
• Others

Market Breakup by Distribution Channel

• Supermarkets and Hypermarkets
• Pharmacy/Medical Stores
• Speciality Stores
• Convenience Stores
• Online
• Others

Market Breakup by Region

• New England
• Mideast
• Great Lakes
• Plains
• Southeast
• Southwest
• Rocky Mountain
• Far West

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the United States baby infant formula companies. Some of the major key players explored in the report by Expert Market Research are as follows:

• Abbott Laboratories
• Arla Foods amba
• Aussie Bubs, Inc.
• Bobbie Baby, Inc.
• Danone S.A.
• Else Nutrition Holdings Inc.
• Reckitt Benckiser Group PLC
• Nestlé S.A.
• Walmart Inc. (Parent’s Choice)
• Target Corporation (up & up)
• Walgreen Co. (Well Beginnings)
• The Kroger Co. (Comforts For Baby)
• Others

About Us

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.

Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.

*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.